Author: Web Desk

European Cut Diamonds Exempt from US Import Tariffs

Abu dhabi: The Antwerp World Diamond Centre (AWDC), the umbrella organisation for the Antwerp diamond sector, announced on Friday that it had successfully secured a zero percent US import duty on cut natural diamonds. This development marks the end of…

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Renewable Energy Usage in EU Hits 26% Mark in 2025

Abu dhabi: Provisional data for 2025 show that the share of energy from renewable sources in gross final energy consumption in the EU reached 26.2%, up from 25.2% in 2024. The share has been rising since the time series began in 2004 (9.6%). However, …

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Trump Ties US-Saudi Nuclear Deal to Abraham Accords

Washington: President Donald Trump has announced that the United States’ civil nuclear deal with Saudi Arabia is contingent upon the kingdom’s participation in the Abraham Accords. He emphasized that the agreement would permit Saudi Arabia to enrich u…

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